Debt dynamics: Exploring EU borrowing in changing times
The Sound of Economics
00:00
The Importance of Flexibility in the EU Budget
In the previous MFF, inflation was below 2%. So expenditure were increasing at 2% because it's fixed. The guarantees of GNI were increasing by less than 2% because inflation was really low. I would say that dealing with this inconsistency once and for all, I think would be very important. But allow for the right buffers, right? Can there be anything to add on this? A very interesting conversation.
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